Treasury Agency Warns Congress
Of Problems Posed by Millennium

Dow Jones Newswires

Updated March 18, 1998 3:37 p.m. ET

WASHINGTON -- Computer problems associated with the date change at the turn of the century remain a major stumbling block and leave no margin for error, Treasury Department officials told lawmakers Wednesday.

"In spite of our best efforts to date and our aggressive plans for the future, the Year 2000 problem is far from solved," said James Flyzik, Treasury deputy assistant secretary for information systems. "Indeed, several significant key issues pose special challenges for us, and possibly for other...